We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · DE72 3RL
Listing removedListed 130 daysAuction 28 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary auction date: Tuesday 28th July 2026 A three bedroom detached home set back on Victoria Avenue in the sought-after village of Ockbrook.
Occupying a private plot of approximately 1/3 acre (subject to survey), the property offers excellent potential for renovation or redevelopment (STPP).
Description auction date: Tuesday 28th July 2026 An exciting opportunity to acquire a three bedroom detached property positioned on Victoria Avenue within the highly desirable village of Ockbrook.
Set back from the road, the home occupies a private and generous plot extending to approximately 1/3 of an acre, subject to measured survey, offering both seclusion and significant potential.
The property requires a scheme of modernisation but presents an excellent opportunity for purchasers seeking to add value through refurbishment or explore redevelopment possibilities, subject to the necessary planning permissions and consents.
Offered for sale with vacant possession, the property provides flexibility for both owner occupiers and investors alike.
The accommodation briefly comprises an entrance hall, lounge, kitchen and conservatory to the ground floor, with three bedrooms and a shower room to the first floor.
Externally, there are gardens to both the front and rear, together with a garage. The property benefits from a right of access over the driveway leading from Victoria Avenue.
The location is particularly well placed for access to major road networks including the A38, A50, A52 and M1, providing convenient links to Derby, Nottingham, Birmingham and beyond.
This combination of a generous plot, private setting and development potential makes this a rare opportunity within a highly regarded village setting.
About The Area Ockbrook is a highly sought-after village located to the east of Derby, known for its attractive surroundings and strong community feel.
The village offers a range of local amenities including a primary school, traditional pubs, a church and a well-regarded bistro/wine bar.
Excellent transport links provide easy access to Derby, Nottingham and major road networks, making it ideal for commuters while still retaining a semi-rural charm.
Auction Details auction date: Tuesday 28th July 2026 bidder registration: By 2pm Monday 27th July 2026 where to bid: Please ensure you are registered to bid on the Barnard Marcus Auctions website.
Legal pack: Download from Barnard Marcus Auctions Online Underwriting for sale via the midlands auction centre in association with barnard marcus auctions Tuesday 28th July 2026 at 9.30AM at the de vere grand connaught rooms, 61-65 great queen street, covent gardens, london WC2B 5DA.
You can also register for online bidding.
Conditions Of Sale The Conditions of Sale will be deposited at the offices of the auctioneers and vendor's solicitors seven days prior to sale and the purchaser shall be deemed to have knowledge of the same whether inspected or not.
Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Health & Safety Advice Whilst the auctioneers make every effort to ensure the safety and security of viewers at lots, we have not carried out a detailed Health & Safety inspection of the lots in our auction and cannot therefore guarantee the safety and security of viewers.
All persons attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds, outbuildings and boundaries.
All unaccompanied inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers' risk.
Guide And Reserve Prices Guide Price: An indication of the seller's current minimum acceptable price at auction.
The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase.
It is usual, but not always the case that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing.
As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued.
This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall.
A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Note The auctioneers offer four ways to bid including internet, telephone, proxy, and live room bidding.
Prospective purchasers will need to register to bid and pay a holding deposit before the sale commences by registering at Barnard Marcus Auctions website. We do not take credit card or cash deposits.
The sale of each lot is subject to a documentation charge of £1,800 (including vat) payable on the fall of the hammer.
Guidance notes are set out in the catalogue in relation to auction lots, particularly from a purchasing perspective. 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
.png)
FAQ
About 293, Victoria Avenue, Derby
Explore nearby